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Amendments to Creditable Withholding Tax and VAT Registration in the Philippines

  • The Department of Finance issued amendments to Revenue Regulations.
  • RR No. 13-2023 prescribes policies and guidelines for optional VAT registration.
  • RR No. 12-2023 implements Section 237 of the National Internal Revenue Code.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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